CHINA

China's CPI Up 4.5%, PPI Up 0.7% in January

Chinese New Year 2012
China's inflation unexpectedly rebounded in January mainly due to gains in food prices and a weeklong holiday. Though this does not change the broader downward trend in inflation and provides room for Beijing to stimulate its economy if the Euro area experiences a sharp recession. It does support economists' view that Beijing will not put in place aggressive stimulus packages as it aims for a smooth leadership transition this year.
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Stock index futures mixed, Cisco seen up

Stock index futures pointed to a mixed open on Wall Street on Thursday, with futures for the S&P 500 and Nasdaq 100 both down 0.1 percent, while Dow Jones futures were up 0.2 percent at 6:28 a.m. ET.
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Greek Standoff Weighs on Asian Markets, Euro

Asian shares and the euro struggled Thursday, as sentiment grew cautious after Greek political leaders failed to conclude a deal for a bailout package crucial to avoiding a messy debt default.
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Turks Push for Action on Syria as Assad Steps up Assault on Homs

Armoured reinforcements poured into Homs as President Bashar al-Assad's forces bombarded the rebellious Syrian city for a fourth day, opposition sources said Thursday, worsening the dire humanitarian situation and prompting a new diplomatic push from Turkey.
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Chinese Espionage Cases Touch DuPont and Motorola

U.S. prosecutors expanded a criminal case over the alleged theft of industrial secrets from chemical giant DuPont , securing an indictment against a Chinese company on economic espionage-related charges.
Ralph Lauren

Ralph Lauren sales soar, shares jump

Ralph Lauren Corp reported better-than-expected results for the holiday quarter, helped by double-digit sales growth at its own stores as well as increased sales to department stores, and the clothing maker raised its margin forecast.
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China firm indicted for DuPont conspiracy: filing

U.S. prosecutors secured an indictment against a Chinese company for conspiracy to commit economic espionage and other charges in a widening case over the alleged theft of industrial secrets from chemical giant DuPont.
Rick Santorum rising gas prices

Rick Santorum Foreign Policy: Hawk on Iran

The former Pennsylvania senator, who surged back into relevancy with wins in Missouri, Colorado and Minnesota, has worked to position himself as the social values-centric conservative alternative to Mitt Romney. But he has also articulated a muscular foreign policy vision centered on his belief that radical Islam, particularly the Iranian regime, poses a dire threat to American security.

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